10 Pharma Stocks With Upside
NEW YORK (TheStreet) -- The following 10 global pharmaceutical stocks will likely benefit from an expected 5%-7% growth in global pharmaceutical markets in 2011 to $880 billion, according to IMS Health.
Analysts expect these 10 stocks to outperform their peers and broader markets, based on the upside implied from their respective 12-month price targets. These stocks have an upside potential of 28%-70% with a mean upside value of around 40% and average buy ratings of 69%.
In comparison, pharma giants Johnson & Johnson (JNJ), Pfizer (PFE), Merck (MRK), Abbott Laboratories (ABT), Bristol Myers Squibb (BMY) and Eli Lilly (LLY) have upsides of 3%-18%, according to analysts' estimates.
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